The Aussie dollar has been under pressure over the last week, losing about 2.5 cents against the greenback. Oversold or more to come? Oversold according to the slight majority of CMC’s top clients. Our Client Sentiment Indicator shows 59% of top clients are currently long, and the combined value of their trades equates to 50% of the total open positions within this instrument. (The Client Sentiment Indicator may be accessed by clicking on the arrow next to the instrument below and selecting from the drop down menu).


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